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RMAX forms 50 Day Moving Average Resistance on July 28
RMAX closed down 0.31% on Tuesday, July 28th, with volume running 0.8× below average. Multiple bearish signals emerged — 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 9.42, 9.18 & 8.88, with resistance at 9.96, 10.26 & 10.5. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of RMAX: B
There’s more where that came from. See all of today’s signals for RMAX here.
Read full article here »